Market Outlook for 11th January, 2012

Nifty Future:

Resistance around 4901 and crossover of 4907, it will  move to 4955 – 4990

Support around 4824 and breaking 4818, it will fall to 4780 – 4735

Market Profile Values:

Value Area High : 4849.00  :  Value Area Low: 4810.00 : POC 4829.50

NF Time:

11.30 to 12 and 2.30 to 3 Bar High and Low

Stock Future:

Buy Bank Baroda above 718 and add around 710 with Stop at 708.80. TGT 735 – 750

Buy BHEL above 264 with Stop below 259. TGT 275 – 285

Good Luck !!

C T Ramesh Raja